VIDEO: Makinde Turns Oyo Into Projects’ Site as Bashorun/Akobo Flyover Bridge Nears Completion
Oyo State Governor, ‘Seyi Makinde, on Wednesday, 17th March, 2021, flagged off the construction of the N1.05 billion fly-over across the Idi-Ape-Basorun-Akobo road, Ibadan, declaring that the state was saving about N400 million from the failed contract awarded by the immediate past administration in the state.
The governor said the construction of the project will curb the menace of gridlock that usually characterised vehicular movement on the road.
He disclosed that the 65-metre fly-over was contracted to Messrs Peculiar Ultimate Concerns Limited “for a completion period of six months through the Alternative Project Funding Approach.”
He equally charged the people of Idi-Ape-Basorun/Akobo areas to monitor the progress of the construction work and report any observation about the contractor’s performance to the government for necessary action.
According to Governor Makinde, the contractor would finance the project up to 20 per cent completion stage before the government would start paying on instalment basis for 12 months.
He also stated that his administration would continue to embark on projects that would enhance the economic development of the state.